Palantir Technologies Inc

PLTR is in a Stage 4 decline with sequential lower highs and lower lows, trading below all key EMAs. Medium-term bias is bearish with no mean-reversion eligibility, and short-term conditions show rejection at the declining EMAs. We will sell now into the 130–132 resistance zone on rallies and EMA rejection.

• ↑Q1’26 revenue grew 85% YoY to $1.63B, fueled by 104% U.S. government sales
• ↑Adjusted operating margin of 60% and free cash flow margin of 57% reflect strong profitability
• ↓High customer concentration: top 20 clients represent bulk of revenue, risking volatility